Christopher L. Ayers - May 31, 2021 Form 4 Insider Report for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC (USAP)

Role
Director
Signature
John Arminas (AIF)
Stock symbol
USAP
Transactions as of
May 31, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 05:18 PM
Previous filing
May 25, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAP Common Stock Award +1.62K +5.78% 29.7K May 31, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USAP Stock Option (Right to Buy) Award $0 +1.25K $0.00 1.25K May 31, 2021 Common Stock 1.25K $10.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares underlying Restricted Stock Units which may be settled solely in shares of the issuer's common stock. Vesting occurs 541 shares on the first anniversary, 541 shares on the second anniversary and 541 shares on the third anniversary.
F2 417 options exercisable on 05/31/2022, 417 options exercisable on 05/31/2023 and 416 options exercisable on 05/31/2024.